Distribution (business) Technology Electronics Computer hardware Computer software IT consulting Retail
Founded
Clearwater, Florida, U.S. (1974; 50 years ago (1974))
Founder
Edward C. Raymund
Headquarters
5350 Tech Data Drive, Clearwater, Florida
,
U.S.
Area served
Worldwide
Key people
Rich Hume (CEO) Charles V. Dannewitz (CFO)
Revenue
US$36.775 billion(2018)[1]
Operating income
US$410 million(2018)[1]
Net income
US$116 million(2018)[1]
Total assets
US$12.653 billion(2018)[1]
Total equity
US$2.921 billion(2018)[1]
Owner
Apollo Global Management
Number of employees
~14,000 (January 2018)[1]
Website
techdata.com
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Tech Data Corporation (commonly referred to as Tech Data) was an American multinational distribution company specializing in IT products and services headquartered in Clearwater, Florida. It merged with competitor Synnex to form TD Synnex. Synnex is to be the primary owner (55% share).[2] Tech Data provided a broad range of product lines, logistics capabilities and value-added services that enable technology manufacturers and resellers, such as Google, Apple, Cisco, Dell, Fortinet, Hewlett Packard Enterprise, HP Inc., IBM, Lenovo, LG, Microsoft, Sony, Trend Micro, Viewsonic, TP-Link and VMware, to deploy IT solutions.
Tech Data is now one of the world's largest distributors of IT products and services, generating $37.7 billion in net sales for the fiscal year ended January 31, 2017.[3] The company ranked No. 83 on the 2018 Fortune 500[4] and one of Fortune's "World's Most Admired Companies."[5]
^ abcdef"Tech Data Corporation FY2018 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. March 2018.
^Kilgore, Tomi. "Synnex stock rallies toward a record after $7.6 billion merger deal with Apollo's Tech Data". MarketWatch. Retrieved 2021-03-22.
^"Tech Data". Fortune. Retrieved 2018-11-10.
^"Fortune 500". Fortune Magazine.
^"World's Most Admired Companies 2015". Fortune Magazine.
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